The prices in real estate in Four Oaks, in the North Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Four Oaks has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $278. In the following month the price per sq.feet decreased considerably to $180. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has decreased 91 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $208 to $188.5 during February, and March.
Based upon to the price in Four Oaks (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $392,732. In November This price remains at $391,580. In the following two months the average price has remained the same with regard to the previous two months from $392,156 to $388,871. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $390,513.5 and $393,280 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $199,720 in Four Oaks. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 77 % cheaper than the average price of ($44 / sq.feet) in Four Oaks. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 77 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $399,485 it is 68 % cheaper than the average price in Four Oaks. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $128,339 it is 50 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $44 / sq.feet. "House" with an average cost of $44 / sq.feet has the lowest price and would be directed at less affluent cities.